Daniel
@danielwilliams965.bsky.social
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Author and clean energy campaigner/advocate
My previous book is available at http://amazon.com/dp/B08WP765WX and medium page http://danielrwilliams.medium.com for excerpts of the new book and other writing about energy/climate/finance/policy
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We show that interest rate hikes by central banks are less powerful in reducing inflation than conventional wisdom suggests. Correcting for publication bias, the output cost of reducing inflation increases. Based on our meta-study of 145,000 point estimates and confidence bounds.
This needs to be inserted as a warning label on every economics textbook ever published
We show that interest rate hikes by central banks are less powerful in reducing inflation than conventional wisdom suggests. Correcting for publication bias, the output cost of reducing inflation increases. Based on our meta-study of 145,000 point estimates and confidence bounds.